A fantastic opportunity awaits at this prestigious auction event! Featuring two spacious shops and two residential two bedroom units, this property offers a lucrative investment with exceptional potential. Prime commercial real estate in one of Fairfield Heights' most coveted locations. Whether you're an investor seeking high returns or an entrepreneur looking for the perfect business space. Property Highlights:
- Location: Strategically positioned on the bustling Boulevard strip, ensuring maximum visibility and foot traffic.
- Size: Each shop spans approximately 130m², while the residential units are around 85m² each with great tenants, providing ample space for various business ventures.
- Parking: Four dedicated car spaces available, ensuring convenience for tenants and customers.
- Income Potential: Enjoy a substantial rental return of approximately $100,981 nett per annum. * 239
- Currently vacant
- potential rental return $42,000 per annum + GST * 241
- Currently tenanted with long standing lease, currently rented for $41,224 per annum + GST * Units 1 & 2
- Both Residential units leased to exceptional tenants with combined rent of $33,280 per annum.
- Transport Access: Conveniently located near multiple train stations, including Fairfield, Canley Vale, Yennora, Carramar, and Cabramatta, all within a 5km radius.
- Land Zoning
- E1
- Local Centre, CA
- Complex Area Auction Details:
- Date: Wednesday 27th of March 2024
- Time: 7:00 PM
- Location: Raine & Horne Liverpool Office, 201 George Street, Liverpool (Corner of George & Moore Street) For further information or to arrange an inspection, contact us today!